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Question
Which of the following is the most acceptable form of money by the public?
Which of the following is the most acceptable form of money by the public?
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Solution
The correct option is A Paper money
Currency notes and coins i.e. paper money are is the most acceptable money as it is the legal tender money issued by the government or Central Bank of the country and is hence readily accepted by the people in exchange of goods and services.
Paper money
Currency notes and coins i.e. paper money are is the most acceptable money as it is the legal tender money issued by the government or Central Bank of the country and is hence readily accepted by the people in exchange of goods and services.
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